Bitcoin to surpass Berkshire as an investment

The retrospective 30-day average USD price per Bitcoin was 591.97451730 BTC according to Bitstamp and 581.75152994 BTC according to BTC-e which on a volume basis average to 588.052722483 USD per BTC.

This means the value of one BRK-A share in Bitcoin is currently around 314.59764223 BTC.

This bet resolves as No if the NYSE:BRK-A share trades at all points during normal trading hours on March 16th, 2015 over the USD value of 314.59764223 Bitcoin, calculated by taking the 30-day price average of the top two Bitcoin exchanges active on March 13th ( excluding known scams bucket shops and any other fictitious entities ) and averaging them on a volume basis for the past 30 days.

This bet will be resolved as Yes should BRK-A no longer exist or no longer be traded for any reason without limitation ; or should the NYSE no longer exist or trade.

Should the share be split, or reverse split, or in any other purely administrative manner have its nominal value artificially altered this bet will see through any such measures, except no adjustment will be made for dividends paid, or announced or promised to be paid, nor for buybacks of its own shares by Berkshire.

There seems to be a bug in the calculation / display of the "Weighted Yes" value. It treats the 1000 BTC bet as if it were only 1 BTC. The correct value as of this instant should be > 1e8 (displayed value is 606975)

#2624, Maybe not so stupid as you think, they're locking in good weight values. If the bet is ultimately covered (and so far they have ALL been, with hundreds and even thousands of btc coming in late) that early position will be valuable.

This bet is worded to confuse people. You make it sound like Bitcoin has to be worth more or valued higher than BTC in 1 year when what you're really saying is BTC simply has to outperform BKA on a % basis.

You'd have to be stupid to bet no in this case as BKA averages around 20% per year, is now at a near all-time high going into uncertain year next year with BTC starting the current bet after a major selloff.

Please word it properly cause it's very confusing and many will vote no not realizing what you're really saying.

I agree with "#2631 Toni" that the betting window is way too long. The betting window should regularly be 1/3 of the total time. Remember that because it is unfair to the ones betting early because the ones betting late have much more info.

#4552, By all means, throw some more money away on it chasing a delusion. Smart people take money from rubes like you because of your unbridled optimism that you're going to strike it rich on a btc 300% swing. This bet will continue to not be close for the duration of this bet. Don't worry though, you're only a 300% gain away from not looking like a total retard.

#4597
I don't know what you mean by "if". What I am saying is that I don't remember it saying "assuming no one else bets" when I placed my bet. I could be wrong. Anyone have a screenshot from quite a few months ago?